Reduce costs, consumption, and headaches by integrating
your systems through IoT. Learn more in our White Paper.
Most commercial office buildings, hospitals, and schools use a cooling tower as part of their air conditioning systems. Water and energy usage are large, common issues to monitor cooling towers for. The typical cooling tower can also last anywhere from 15 to 20 years, and the cost to replace one ranges from $80,000 to more than $200,000.
Facilities and buildings account for approximately 40 percent of energy consumption across the globe and are responsible for 30 percent of the total emissions of carbon dioxide. These issues have warranted a drive towards metering and sensor installation approaches, such as submetering and CTs, but which approach is best to use?
Smart building technology has a profound effect on many industries, such as manufacturing, as well as the commercial real estate market. Today’s businesses are looking for more than an empty building that they house their equipment in. The smart building features are as much of a selling point as the location. Here are seven other ways that smart buildings are changing commercial real estate.
People see smog, receive air quality advisories from the weather report and smell car exhaust in crowded cities. They know that air pollution is bad, but they may not know about indoor air quality and how much of an impact it has on their lives. Facility managers that want to create a comfortable and healthy business environment for all staff members need to fully understand indoor air quality.
As information technology (IT) develops further, it is important to distinguish how it differs from operations technology (OT). Both types of technology can be used to improve a smart building. IT is the spectrum of technologies for processing information. IT usually includes the setup and maintenance of a network. OT is hardware and software that senses or causes a change in the monitoring or control of physical devices, processes and events. OT for a smart building typically includes HVAC, lighting and security. OT also ensures that the air quality in a building is good and the building does not have high CO2 emissions. Traditionally, OT is not networked. A connected, “aware” building that has both IT and OT can be transformed into a sustainable, green building. It is possible to bridge OT and IT infrastructure.
More and more facility managers are looking at the Internet of Things to address building automation obsolescence and the captive real estate market. This is because legacy BAS equipment vendors may provide limited upgrade paths or fail to include modern features. Even now, facility managers often face high-cost upgrades from the vendor, operation disruption from switching to another vendor, or are forced to demolish the building and start over.
Commercial and residential buildings account for 40 percent of the United States’ total energy consumption, but facility managers can decrease an individual building’s usage by 30 percent through aggressive conservation efforts. While no single tip can decimate monthly energy expenditures, combining several tips will lead to a substantial reduction in energy use. Even small changes can easily lead to a 10-percent reduction in energy consumption according to conservative estimates.
Many organizations are recognizing the value of sustainable and green building methods. New advances in materials, technology and practices enable companies to use environmentally friendly processes that also lead to better overall efficiency. Here are the top 10 sustainable building methods currently in use or under development.
Measurement and verification (M&V) is a practice used by energy companies to detail the decrease in energy associated with energy-efficient projects. Green building techniques, optimized operations via automation systems and renewable energy sources provide many opportunities for companies to achieve significant energy savings. However, project planners need a solid M&V foundation to get the data necessary to track ROI and determine whether they meet their original goals.